![Penalty for Evasion of Service Tax u/s 76 and 78 of Finance Act cannot be imposed simultaneously: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-evasion-of-service-tax-Service-Tax-Finance-Act-imposed-simultaneously-CESTAT-taxscan.jpg "Penalty for Evasion of Service Tax u/s 76 and 78 of Finance Act cannot be imposed simultaneously: CESTAT [Read Order]")
Penalty for Evasion of Service Tax u/s 76 and 78 of Finance Act cannot be imposed simultaneously: CESTAT [Read Order]
The Ahmedabad bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that penalty for service tax evasion under Section 76 and 78...
![ITAT deletes Addition u/s 80IC on ground of Section 92BA being omitted by the Finance Act, 2017 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Section-Finance-Act-TAXSCAN.jpg "ITAT deletes Addition u/s 80IC on ground of Section 92BA being omitted by the Finance Act, 2017 [Read Order]")
![School Busses do not fall under Definition of ‘Cab’ u/s 65(20) of Finance Act, No Service Tax Leviable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/School-Busses-fall-Definition-Cab-Finance-Act-No-Service-Tax-Leviable-CESTAT-TAXSCAN.jpg "School Busses do not fall under Definition of ‘Cab’ u/s 65(20) of Finance Act, No Service Tax Leviable: CESTAT [Read Order]")
![No Disallowance u/s 14A of Income Tax Act shall be made in Absence of any Exempt Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Disallowance-Income-Tax-Act-Absence-Exempt-Income-ITAT-TAXSCA.jpeg "No Disallowance u/s 14A of Income Tax Act shall be made in Absence of any Exempt Income: ITAT [Read Order]")
![Income Tax Exemption on Money received under Life Insurance Policy: CBDT issues new Guidelines u/s 10(10D) [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Tax-Income-Tax-Exemption-Money-Income-Tax-Exemption-on-Money-received-under-Life-Insurance-Policy-CBDT-taxscan.jpg "Income Tax Exemption on Money received under Life Insurance Policy: CBDT issues new Guidelines u/s 10(10D) [Read Circular]")
Service Tax Exemption u/s 65(105)(zzz) of Finance Act is allowable when the Building or its Part is put up on Land and Used for Car Parking: CESTAT [Read Order]
The Chennai Bench of the Customs Excise & Service Tax Appellate Tribunal (CESTAT) in a recent ruling held that Service Tax exemption under section 65(105)(zzz) of the Finance Act, 1994 is...
![Service Tax Exemption u/s 65(105)(zzz) of Finance Act is allowable when the Building or its Part is put up on Land and Used for Car Parking: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Service-Tax-Exemption-Finance-Act-is-allowable-Building-or-its-Part-Land-and-Used-for-Car-Parking-CESTAT-TAXSCAN.jpg "Service Tax Exemption u/s 65(105)(zzz) of Finance Act is allowable when the Building or its Part is put up on Land and Used for Car Parking: CESTAT [Read Order]")
Penal Interest and Bouncing Charge received as ‘Consideration’ from Borrowers Are Leviable to Service Tax u/s 66E(e) of the Finance Act: CESTAT [Read Order]
The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the penal interest and bouncing charge received as consideration from the borrower are leviable to...
![Penal Interest and Bouncing Charge received as ‘Consideration’ from Borrowers Are Leviable to Service Tax u/s 66E(e) of the Finance Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penal-Interest-Penal-Interest-and-Bouncing-Charge-Bouncing-Charge-Penal-Interest-and-Bouncing-Charge-received-as-Consideration-taxscan.jpg "Penal Interest and Bouncing Charge received as ‘Consideration’ from Borrowers Are Leviable to Service Tax u/s 66E(e) of the Finance Act: CESTAT [Read Order]")
![No service Tax Demandable u/s 66F of Finance Act on Composite Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/service-Tax-Demandable-Finance-Act-Composite-Services-CESTAT-TAXSCAN.jpg "No service Tax Demandable u/s 66F of Finance Act on Composite Services: CESTAT [Read Order]")
Bombay HC Stays Customs Demand on Pending of Review Petition before Supreme Court in Canon India case [Read Order]
The Bombay High Court stayed customs demand on pending of the review petition before the Supreme Court in Canon India case. The batch of petitions are moved on behalf of the petitioners pointing...
![Bombay HC Stays Customs Demand on Pending of Review Petition before Supreme Court in Canon India case [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Bombay-HC-Stays-Customs-Demand-Bombay-High-Court-Customs-Demand-customs-Demand-Pending-of-Review-Petition-Supreme-Court-Canon-India-case-Taxscan.jpeg "Bombay HC Stays Customs Demand on Pending of Review Petition before Supreme Court in Canon India case [Read Order]")
Special Effects&3D Conversion Services not Video Tape Production Service u/s 65(120) of Finance Act,1994: Supreme Court [Read Judgement]
In a recent case, the Supreme Court has held that the 3D conversion services provided by the assessee, including services such as ‘imparting special effects’, ‘post-production service’, ‘digital...
![Special Effects&3D Conversion Services not Video Tape Production Service u/s 65(120) of Finance Act,1994: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/07/Conversion-Services-not-Video-Tape-Production-Service-Finance-Act-taxscan.jpg "Special Effects&3D Conversion Services not Video Tape Production Service u/s 65(120) of Finance Act,1994: Supreme Court [Read Judgement]")
No service Tax Leviable on Services Provided and Consumed in Foreign Country u/s 64 of Finance Act: CESTAT [Read Order]
The Mumbai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that no service tax is chargeable on services provided and consumed in foreign countries under section 64 of...
![No service Tax Leviable on Services Provided and Consumed in Foreign Country u/s 64 of Finance Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-service-Tax-service-Tax-No-service-Tax-Leviable-on-Services-Services-No-service-Tax-Leviable-on-Services-Provided-and-Consumed-in-Foreign-Country-taxscan.jpg "No service Tax Leviable on Services Provided and Consumed in Foreign Country u/s 64 of Finance Act: CESTAT [Read Order]")
ICAI releases Exposure Draft Guidance Note on Tax Audit u/s 44AB of Income Tax Act for A.Y. 2023-24: Invites Comments till 6th Aug 2023
The Institute of Chartered Accountants of India (ICAI) has released the draft guidance note on tax audit under Section 44AB of Income Tax Act, 1961 for the Assessment Year 2023-24 on 22nd July 2023....
